London, 6 July 2011

Brady, the leading global supplier of trading, risk management and settlement solutions to the energy, metals and soft commodities sectors, is pleased to announce that one of its key clients and one of the world’s largest producers and suppliers of oil and gas based in Scandinavia, has expanded the scope of its contract with Brady to add further functionality to its Energy Solution.

Functionality of the Energy solution, which manages trading and risk management positions, has been extended to cover Schedule Management by interfacing Brady Balancing and Scheduling Managers with the EDIS system from Syseca, which offers a flexible solution for electricity market participants. Our client will be employing the extended product for scheduling in the Netherlands and Germany.

Gavin Lavelle, CEO of Brady plc said: “After a thorough testing phase, we are delighted that our client has shown further confidence in Brady and we firmly believe that by extending our energy solution into areas such as scheduling, through close co-operation with partners such as Syseca, we are able to deepen our relationship with our valuable customers, and expand our offering.”

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